Category: Business

Alphabet Inc.’s Google has been penalized yet again by European antitrust regulators, this time with a €1.49 billion ($1.7 billion) fine for limiting how some websites could display ads sold by its rivals. This marks the third billion-dollar penalty European regulators have imposed on the tech giant for hindering competition. The EU says that Google …

Kaspersky Labs cybersecurity researchers have found an oddly amusing sample of ATM malware which turns financial theft into a slot machine-style game. On Tuesdaythe team explored the emergence of WinPot, an ATM hijacking malware family which first appeared in underground forums in March 2018. While simple in its core functionality, WinPot — named internally by …

Australia’s TPG Telecom Ltd said on Tuesday it has abandoned building its mobile telephone network because it relied on Huawei Technologies Co Ltd equipment that has been banned by Australia’s government on security grounds. The nascent network is the first commercial casualty in Australia of the ban announced in August and comes as Western nations …

An attack on the Ethereum Classic blockchain may have helped hackers steal around $1.1 million worth of the currency from other users, according to popular cryptocurrency exchange Coinbase. Ethereum what? Ethereum Classic is the original Ethereum blockchain. In 2016, to counter another, different kind of attack, Ethereum’s developers created a new version of the transaction history that returned …

The use of millimeter wave spectrum for 5G will support an $565 billion increase in global gross domestic product by 2034 and $152 billion in tax revenue, accounting for 25% of the total value generated by 5G networks, according to a new GSMA report. While other reports have looked at the overall value that 5G …

Japan’s government has issued instructions Monday effectively banning China’s Huawei and ZTE from official contracts, while the country’s top three telecom operators plan to follow suit, Japanese media reported Monday. As if 5G equipment bans from the United States, Australia, and New Zealand weren’t enough this year, Huawei will end 2018 on an even worse …

Mark Zuckerberg and his colleagues were apparently concerned enough about Vine, a video app from Twitter, that on the day it launched in January 2013, they moved to restrict its access to Facebook user data, a trove of internal Facebook emails released by the U.K. Parliament on Wednesday shows. The decision to restrict Vine’s access …

Several children’s apps on Google’s app store have been found to inappropriately lure youngsters to watch ads or make purchases, according to a pair of consumer groups that cited a new study in calling for an investigation by federal authorities. “Popular apps for preschoolers are rife with marketing,” Josh Golin, executive director of Campaign for …

Facebook has released new AI controlled hardware at quite n odd time when its fighting privacy breach allegations. The devices Facebook claims creates a new way to videochat with your Facebook friends. It’s not an app, nor is it some awkward virtual-reality playpen. It’s a device called Portal, and it’s meant to sit in your …

The number of targeted cyber attacks have more than doubled in Ireland in the past year, but companies are identifying the attacks more quickly, new research from Accenture has found. The study found that 31 per cent of companies are detecting three out of four attempted attacks compared with 8 per cent in 2017. The …